New Regulation A+ Rules Expand Inexpensive Capital Formation of Up to $50 Million
Many in the investment and crowdfunding community had eagerly been waiting for the Securities and Exchange Commission (SEC) to release rules to enact the provisions of Title IV of the JOBS Act. The SEC finally released its regulations in March of this year. The new rules contained a partial preemption of state securities laws which surprised many. Title IV told the SEC to liberalize the provisions of Regulation A which is an exemption to allow smaller companies to sell private securities up to an amount of $5 million. It represents a huge step forward for crowdfunding.
Kickstarter raised the first $1 million in funding for the Veronica Mars movie in just 90 minutes. Within 11 hours it had raised $2 million.
Now that is impressive.
I don’t know what Veronica Mars is but do have a strong opinion about Kristen Bell needing to get out of the wretched and dreadful House of Lies into something else.
Codeislove launches a Kickstarter to create science games for kids
To have any chance of raising money through a crowdfunding site you need to be creative about how you will attract attention and stand out from the crowd.
I am impressed by how Amy is going about it. This is very clever.
Check out the pictures she posted of herself at Reddit: